https://www.taxtmi.com/caselaws?id=103008 The court sanctioned the scheme of amalgamation between the transferor-company and the transferee-company, effective from February 1, 1995. All assets, liabilities, and obligations of the transferor-company would transfer to the transferee-company under Section 394 of the Companies Act, 1956. The court found the scheme fair, reasonable, and beneficial to shareholders and public interest, dismissing objections raised by the Central Government. The exchange ratio of shares was deemed fair based on revalued assets, and compliance with SEBI guidelines for any future public issue was ensured. The court directed the petitioners to file the order with the Registrar of Companies within 30 days. en-us Fri, 10 Nov 1995 00:00:00 +0530 Mon, 20 Feb 2012 12:06:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103008 The court sanctioned the scheme of amalgamation between the transferor-company and the transferee-company, effective from February 1, 1995. All assets, liabilities, and obligations of the transferor-company would transfer to the transferee-company under Section 394 of the Companies Act, 1956. The court found the scheme fair, reasonable, and beneficial to shareholders and public interest, dismissing objections raised by the Central Government. The exchange ratio of shares was deemed fair based on revalued assets, and compliance with SEBI guidelines for any future public issue was ensured. The court directed the petitioners to file the order with the Registrar of Companies within 30 days. Case-Laws Companies Law Fri, 10 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103008